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Closing Bell: Another day of excuses to sell (BA, GS, MS, MGM, ORCL, SPEX

Posted Jun 24th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Boeing Co (BA), Goldman Sachs Group (GS), Morgan Stanley (MS), Oracle Corp (ORCL)

The FOMC decision to keep rates at near-zero and risk inflation ahead did little to spur any excitement from equity traders. Or maybe that was just an excuse to sell after Warren Buffett said there are no green shoots out there.

This was on the heels of a solid durable goods number and on the heels of weak new home sales. It seems that news is just an excuse to pare down positions now in case we get that solid pullback so many traders were hoping for. Here are today's closing bell levels:

Dow 8,299.86 -23.05 (-0.28%)
S&P 500 900.92 +5.82 (0.65%)
Nasdaq 1,792.34 +27.42 (1.55%)

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Continue reading Closing Bell: Another day of excuses to sell (BA, GS, MS, MGM, ORCL, SPEX

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 11:36 PM

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